Company Registration No. 06308444 (England and Wales)
Edge Signs Limited
Unaudited accounts
for the year ended 30 September 2023
Edge Signs Limited
Statement of financial position
as at 30 September 2023
Tangible assets
14,914
19,211
Cash at bank and in hand
231,987
225,316
Creditors: amounts falling due within one year
(73,086)
(77,078)
Net current assets
243,963
235,643
Total assets less current liabilities
258,877
254,854
Provisions for liabilities
Deferred tax
(2,844)
(3,650)
Net assets
256,033
251,204
Called up share capital
101
101
Profit and loss account
255,932
251,103
Shareholders' funds
256,033
251,204
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2024 and were signed on its behalf by
Tim Edge
Director
Company Registration No. 06308444
Edge Signs Limited
Notes to the Accounts
for the year ended 30 September 2023
Edge Signs Limited is a private company, limited by shares, registered in England and Wales, registration number 06308444. The registered office is UNIT 10, BEAUMONT BUSINESS CENTRE, BEAUMONT CLOSE, BANBURY, OXFORDSHIRE, OX16 1TN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2022
65,161
43,837
108,998
Disposals
-
(11,429)
(11,429)
At 30 September 2023
65,702
32,408
98,110
At 1 October 2022
54,944
34,843
89,787
Charge for the year
2,455
2,229
4,684
On disposals
-
(11,275)
(11,275)
At 30 September 2023
57,399
25,797
83,196
At 30 September 2023
8,303
6,611
14,914
At 30 September 2022
10,217
8,994
19,211
Edge Signs Limited
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
82,774
82,081
Accrued income and prepayments
788
4,324
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
9,144
7,846
Taxes and social security
22,351
23,003
Loans from directors
10,917
15,697
Allotted, called up and fully paid:
99 Ordinary shares of £1 each
99
99
2 Ordinary C shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).